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20121014
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CSPAN 8
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CSPAN
Oct 9, 2012 8:00pm EDT
comments on tax policy, senator chuck schumer talked about taxes. he spoke and answered questions at the national press club for about an hour. >> good morning. we're starting right on time today. i want to thank you for coming. i want to thank those who are joining us on c-span. on behalf of the national press club we're honored to have with us the senior senator from new york charles schumer. the senator will address the topic of tax reform. i just want to say i think this is an appropriate topic following a columbus day weekend. in club bus' time the prevailing weekend that there were dragons right over the horizon and most people thought the world was flat and anyone setting nauf a journey would go off the cliff. columbus thought he could find a new route. and today we're going to be exploring new tax reform and how to avoid a fiscal cliff. the senator will speak for about 20 to 25 minutes and then we will open up to questions. senator? >> ok. thank you, jamie for that very timely introduction. i want to thank the national press club. here's what i said yesterday at the new yo
CSPAN
Oct 12, 2012 6:00am EDT
tells me i will not get a very simple answer. if your ticket is elected, who will pay more in taxes? who will pay less in taxes? >> middle-class will pay less and people making a million dollars or more will begin to contribute slightly more. the continuation of the bush tax cuts, we are arguing the bush tax cuts for the wealthy should be allowed to expire. $800 billion of that goes to people making a million dollars. we see no justification for those -- they are patriotic americans, they are not suggesting the tax cut. 120,000 families will get an additional $500 billion in tax relief in the next 10 years. their income is an average of $8 million. we want to extend the middle class tax cuts permanently. these guys will not allow us to. we say, let's have a vote. they are holding hostage the middle class tax cut to the super wealthy. all the studies point out will get another $250,000 a year to those 120,000 families and raise taxes for families who are middle income with a child by to $2000 a year. this is unconscionable. there is no need for this. the middle class got knocked on their
CSPAN
Oct 10, 2012 6:00am EDT
be aborted talked about, taxes, regulation, energy and. the only way is to get into the game and to point out to the american people what needs to be fixed. in order for us to invest in u.s. and create jobs. .> we've got a good role models we don't even rate legislators. our best teachers or the labor unions and then george soros later on. he taught every wealthy american that you cannot afford to sit on the sidelines. so i say go for it. >> we don't do endorsement either. we have a pac. we are very involved. we will probably connect with a quarter million retailers and millions of their employees, not endorsing anyone or telling them how to vote, but getting them involved. there's a sense that if people have a better understanding of our position, there's a greater likelihood we will get some action from them. that's why we have engaged our membership. >> let's get questions from the audience. don't feel shy. please raise your hand. if you could give me your name and your affiliation, that would be wonderful. there are microphones roving. the lady with the red jacket. >> good morning. my nam
CSPAN
Oct 10, 2012 1:00am EDT
policies on taxes and energy and our regulatory regime, at those are the things making it more expensive. makes it difficult for them to invest and create jobs. it is not just manufacturing. you see that across the entire business community. >> is that it? fix those policy issues, and whatever else is happening in america will be extended again? >> this is a bright spot. we should recognize that and embrace it. this is an opportunity for us to leave and emerge from the session. -- the recession we have been fighting our way through for five years. we can reestablish this economy as the leading economy in the world. there was a lot of attention paid to the numbers last week. the important point is 7.8% is good if it comes down. we have to look at the bigger number which is much higher. that is the more troubling number. i note some have been out for 27 -- almost 5 million americans have been out of work for 27 weeks. they have become much more difficult to import. -- employ. we have a mismatch. if we're going to look at numbers, the way to fix this is not focusing on employment. it is foc
CSPAN
Oct 11, 2012 1:00am EDT
, it would have put construction workers back to work. why? it would have been an increase in taxes, not for most people, but for those who make a million dollars or more. making the investments in education, making the investments in research, and we make those investments together and build a future. that is what it will take over the long run to build a stronger future here in western massachusetts, all across the commonwealth, and all across the country. >> thank you. mr. brown? >> thank you. before i start, i want to thank the mayor for your endorsement and support. thank you both for coming. economy. the whole race is about that. we held one of our first jobs fares here because we want to connect people with jobs. when you put a title on a bill in washington that says jobs bill, you have to read the bill. those bills in particular were rejected in a bipartisan manner, and that means democrats and republicans recognize that by taking for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the
CSPAN
Oct 11, 2012 6:00am EDT
not have the will. a more efficient tax system, more certainty. i think we would have been booming. it's doable, but we need the leaders saying we're going to do it. >> when you think of something like simpson-bowles, do you think it needs spending reform, tax increases? >> we can all sit here. i think it is 21% and then you have an efficient tax system. it is a far more efficient tax system so it gets this huge waste, this coefficient cost, not a bad tax system, a legal system, uncertainty. you would have had better growth. i'd think it was four to one, or whatever it was, but close enough would have been good enough. it does not have to be exactly right. once. starting a down, it would pay for a lot. >> the united states has been now growing at roughly half of what you might call the modern historic rate of economic growth. we're growing in fiscal 2002, give or take. if you were advising the next president, be it obama or romney, to say publicly here are the few things we should do in order to generate economic growth, one would obviously be some kind of comprehensive budget deal, bu
CSPAN
Oct 10, 2012 8:00pm EDT
government. our government taxes and spends out of control and our civil liberties are constantly under attack. we can fix it, but we need to get government back into its cagae. >> our final opening statement is from jeff flake. >> good to be here. two days ago, cheryl and i received a wonderful phone call from my son syan and forming as we are grandparents. aidan was born into a wonderful family, but he was born into $50,000 of debt. his share of the federal debt we all hold. that is why the stakes in this election are so high. we have to have somebody who understands fiscal discipline. that has been my record in the house of representatives, where i fought my own leadership on issues like earmarks. they punish me for it, but i kept at it and we do not have earmarks any more. that is the kind of attitude i will take to the united states senate. my opponent have a great rÉsume a. but a great resonate is not a plan. he has been running for a year now and we do not know where he stands on the major issues of the day. we have a choice in this election. we can elect somebody who does not h
CSPAN
Oct 12, 2012 2:30am EDT
and let us pass the tax cuts, pass the jobs bill, just get out of the way. stop talking about how you care about people. show me something. show me a policy where you take responsibility. by the way, they talk about this great recession like it fell out of the sky. i was there. we cannot afford that. all of a sudden, these guys are so seized with the concern about the debt. >> let's not forget that they came in with one-party control. when barack obama was elected, his party controlled everything. they had the ability to do everything of their choosing. they passed the stimulus. the idea that we could borrow $831 billion and spend it on all of these special interest groups and would work out just fine. they said if we just passed the stimulus, the economy would grow at 4%. it is growing at 1.3%. >> when could you get below 6%? >> that is what our entire premise is about. look at the $90 billion in stimulus. the vice-president was in charge of overseeing this. $90 billion to campaign contributors and special interest groups. the department of energy, over 100 criminal investigations. >> an
Search Results 0 to 7 of about 8